Technology used to power exchange: Ebenefits technology
CEO or Practice Leader:
Launched: October 2014
Main Location / Headquarters: Pittsburg, PA
Website: Please click here
Membership/number of lives currently on platform: The EBenefits Private Exchange Platform is a new product
Segment size preference (“target business size”): 3000+ employees. While Ebenefits Solutions core Benefits Administration services are best-suited for companies at or above 1,000 employees, under their exchange platform, employers with much lower employee counts will be able to offer their employees a robust online offering by purchasing together under their Private Exchange Platform
States of operation (if available): National
Are employers required to use a defined contribution: No; supports both traditional and defined contribution
Carriers Offered: This will vary depending on the preferences of the broker, employer, and or administrator setting up the Exchange. They can accommodate virtually any medical carrier of the administrators’’ choosing.
Decision Support Tools: Offer a customizable Plan Comparison Guide which is able to display any plan attribute side-by-side with up to two other plans. Also have a Medical Plan Decision Guide tool which estimates total out-of-pocket costs for the employee based on their expected utilization over the next year. Ebenefits Solution also has a call center available to help resolve enrollment and eligibility issues
How does exchange get compensated: PEPM Administrative Fees
Standard or Custom Product Configuration: Ebenefits Solutions has a standard product configuration tool that can be utilized to set up any carrier’s benefits
Do they Utilize Other Technology Company Solutions: No
Single-carrier or Multi-carrier: Can accommodate either format, which will be dictated by the preferences of the broker, employer, and or exchange administrator.